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The showcase of world textile engineering, India International Textile Machinery Exhibition（India ITME 2016） began in Mumbai on December 3rd, 2016. The six-day event was inaugurated by Mr. Sanjiv Lathia, Chairman, in the presence of Ms. Seema Srivasta, Executive Director, India ITME Society. Hosted once in four years, India ITME has grown to be as one of the largest in this sector globally. The exhibition concluded on December 8th, 2016
The event provides an effective platform for joint ventures and collaborations between the stakeholders of textile industry in India and overseas. 1,050 exhibitors from 38 countries displayed world’s state-of-the-art machines and technologies. The 10th edition also witnessed launch of 24 products besides discussions, knowledge sharing, profiling of artisans, photography exhibition, etc. Foreign & domestic business leaders, academicians, research scholars, government officials from countries such as Philippians, Myanmar, Bangladesh, Srilanka, Iran, Turkey, Brazil, Indonesia, Poland, Malaysia, Kenya, Ethiopia, Egypt, etc. visited India ITME 2016. India is not only a strong market but also is explored as a hub for training and skill development by many countries for textiles and textile engineering.
India ITME Society is four-decade old nonprofit organization with a vision to support the industry through exhibitions facilitating investments and joint ventures and technology traner.
State of Gujarat and State of Karnataka par- ticipated in this event as state partners. This event was also supported by Department of Hey Industry, Govt. of India, Textile Ministry, Government of India and Government of Maharashtra making it the most important platform between governments and the industry members to interact and work together. The idea of “Make in India” in textile engineering shall be promoted to the visiting foreign business visitors and also propagate government schemes and incentives for the textile industry in India.
The textile sector is one of the largest contributions to India’s exports with approximately 11% of total exports. India’s overall textile exports during F.Y.2015-2016 stood at US$ 40 billion and the industry is expected to reach US$223 billion by 2021.
The textile industry is the second largest employer in India after agriculture. It is felt utmost necessary that Indian textile machine manufacturing industry needs to strengthen its base for quality output and efficiency through innovation and best technologies ailable anywhere in the world. India is now developing in manifold in most of the sectors especially in the spinning machinery manufacturing segments.
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